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fast please thank you XYZ company currently sells 15,000 units a month for $50 each, has variable costs of $10 per unit, and fixed costs
fast please thank you
XYZ company currently sells 15,000 units a month for $50 each, has variable costs of $10 per unit, and fixed costs at $300,000. The company is considering increasing the price of its units to S70 per unit. If the price is changed how many units will the company need to sell for profit to remain the same as before the price changer Select one: O a 10,000 O b. None of the given answers Oc 9,375 d. 7,500 O e 12,000 XYZ Company's accountant is estimating next period's total overhead costs (Y). She performed three regression analyses, the first is based on direct labor hours (DLH), the second is based on machine hours (hr), and the third is based on quantity produced (Q). The results were: Y=595,000 - 59XDLH; R-square= 0.85). [Y: $120,000 - 55xhr; R. square = 0.151:17-190,000+2Q; R-square=0.45). How much of the variations on the overhead costs is explained by the quantity produced fol? Select one O a. 55% b. 85% c. 45% De None of the answers given XYZ company has sales of $300,000, a contribution margin ratio of 40%, and a target profit of $30,000. IF 20,000 units were sold, what is the variable cost per unit? Select one: a. $6.00 b. $10.00 c. $750 d. $9.00 e none of the given answersStep by Step Solution
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